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Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 20,022 $ 32,055
Transaction-based expenses:    
Transaction-based expenses (132) (976)
Total revenues, less transaction-based expenses 19,890 31,079
Operating expenses:    
Compensation and benefits 43,640 20,496
Professional services 3,518 2,700
Acquisition-related transaction costs 3,706 0
Advertising and market development 1,504 987
Rent and occupancy 1,566 887
Technology and communications 2,023 1,434
General and administrative 1,602 953
Depreciation and amortization 1,082 1,396
Total operating expenses 58,641 28,853
Operating (loss) income (38,751) 2,226
Interest expenses and other income (expenses):    
Interest income (expense), net 21 (554)
Change in fair value of warrant liabilities (25,959) (908)
Other income, net 388 166
Total interest expenses and other expenses (25,550) (1,296)
(Loss) income before provision for income taxes (64,301) 930
Provision for (benefit from) income taxes 123 (8)
Net (loss) income and comprehensive (loss) income (64,424) 938
Net (loss) income and comprehensive (loss) income $ (64,424) $ 938
Net (loss) income per share attributable to common stockholders:    
Basic (in dollars per share) $ (0.98) $ 0.00
Diluted (in dollars per share) $ (0.98) $ 0.00
Weighted-average shares used in computing net (loss) income per share attributable to common stockholders:    
Basic (in shares) 66,007,461 61,598,361
Diluted (in shares) 66,007,461 116,312,835
Placement fees    
Revenues:    
Total revenues $ 14,585 $ 27,509
Custodial administration fees    
Revenues:    
Total revenues $ 5,437 $ 4,546